On Credible Coalitional Deviations by Prudent Players

In this paper we first explore the predictive power of the solution notion called conservative stable standard of behaviour (CSSB), introduced by Greenberg (1990) in environments with farsighted players (as modelled in Xue (1998)) as intuitively it is quite nice. Unfortunately, we find that CSSB has a number of undesirable properties. Therefore, we introduce a refinement of this which we call conservative stable weak predictor. We explore some existence properties of this new solution.